Palm slips, market awaits key MPOB data

Source:  Business Recorder
пальмовое масло

Malaysian palm oil futures fell on Wednesday, continuing their decline for the seventh straight session, as the market looked for more cues from the Malaysian Palm Oil Board (MPOB) data next week.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 28 ringgit, or 0.74%, to 3,764 ringgit ($888) a metric ton in early trade.

Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.

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